2018- Year in Review

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April

CarSpiritPK leaked the very first news about the United Bravo in April 2018. Before this, no one even had the slightest of idea what United’s 800cc car is going to look like, or what it’s going to be called.

https://www.carspiritpk.com/2018/04/01/united-bravo-hatchback-leaked/

Ghandhara began assembling the JAC X200 1-ton commercial pickup locally.

https://www.carspiritpk.com/2018/04/03/ghandara-begins-assembling-jac-x200-pickup-locally/

The Competition Commission of Pakistan (CCP) held an open hearing on the Automobile Sector in Pakistan to get the perspectives of all stakeholders on pertinent issues of the sector.

https://www.carspiritpk.com/2018/04/12/ccp-holds-open-hearing-competition-concerns-automobile-sector/

Ghandhara signed importer agreement with Renault Trucks SAS, for import of heavy commercial vehicles in Pakistan.

https://www.carspiritpk.com/2018/04/16/ghandhara-nissan-signs-importer-agreement-renault-trucks/

Honda Atlas celebrated the historic sales milestone of 50,100 units in one fiscal year for the very first time.

https://www.carspiritpk.com/2018/04/17/honda-atlas-achieves-historical-sales-milestone-of-50100-units-in-1-year/

Government announced the Budget 2018-19 as per which customs duty was slashed to 25% on import of electric cars. It also barred non filers of tax returns from purchasing new vehicles and property.

https://www.carspiritpk.com/2018/04/28/budget-fy-2018-19-govt-slashes-customs-duty-to-25-on-import-of-electric-cars/

https://www.carspiritpk.com/2018/05/01/budget-2018-19-non-income-tax-filers-wont-be-able-to-buy-new-cars/

May

The National Logistics Cell (NLC) signed a memorandum of understanding with Daimler AG for the local assembly and production of Mercedes‐Benz trucks in Pakistan.

https://www.carspiritpk.com/2018/05/05/nlc-daimler-ag-sign-mou-for-assembly-of-mercedes-benz-trucks-in-pakistan/

The local auto assemblers stopped taking booking of vehicles from all the ‘non-filers’ including individuals and corporate customers.

https://www.carspiritpk.com/2018/05/23/local-auto-assemblers-stop-selling-cars-non-filers/

June

On the 2nd of June, Kia-Lucky Motors launched the Grand Carnival luxury MPV in Pakistan, marking the comeback of South Korean automaker after the absence of nearly a decade. Alongside Grand Carnival, the Frontier 1-ton commercial pickup was also introduced.

https://www.carspiritpk.com/2018/06/02/kia-grand-carnival-launched-in-pakistan/

Zenith Automotive, the exclusive distributor & progressive assembler of Jinbei brand in Pakistan, introduced the range of commercial and passenger minivans.

https://www.carspiritpk.com/2018/06/04/jinbei-launches-range-of-vans-and-minivans-in-pakistan/

Rahmat Group announced to have signed memorandum of understanding (MoUs) and technical collaboration agreements with different Chinese companies to establish Electrical Complex at Nooriabad.

https://www.carspiritpk.com/2018/06/11/rahmat-group-to-establish-electric-vehicle-complex-at-nooriabad/

Al-Futtaim acquired land in M-3 Industrial City Faisalabad to set up Renault assembly plant in Pakistan.

https://www.carspiritpk.com/2018/06/13/al-futtaim-has-acquired-land-in-faisalabad-to-assemble-renault-vehicles-in-pakistan/

Probably one of the biggest news of 2018, Master Motors signed joint venture agreement with Changan to import and assemble LCVs, MPVs, SUVs and Passenger cars in Pakistan. Pakistan will also become the first RHD base for Changan vehicles in the world.

https://www.carspiritpk.com/2018/06/29/master-motors-and-changan-signs-joint-venture-agreement/

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